TV2 0.00% 0.8¢ tv2u international limited

Research, page-1654

  1. 550 Posts.
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    That is a fair point but bear in mind the last time it was at 2c, there was less dilution than there is now. Currently @ 1.6c the market cap would be about 30mil. This isn't taking into account the remaining CNs, or the additional dilution which will occur if content rights are finalised (through the slimpack acquisition), or the fact that they will likely have to raise capital again prior to becoming cash flow positive. There are plenty of mature revenue producing small caps out there with smaller market caps than 30mil - I think until the market sees revenue in the bank, and the margins etc, it will tread carefully. Remember after the Brazil spike in Dec - the sp retraced quickly to the mid 1s even when the market thought revenue was imminent. Having said that, the way this likes to trade it is very possible there will be a big spike though.
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